|[August 30, 2014]
EQUITY ALERT: The Rosen Law Firm Announces Investigation of Cobra Electronics Corp. (COBR) In Connection with its Sale to Monomoy Capital Partners II, L.P.
NEW YORK --(Business Wire)--
The Rosen Law Firm, P.A. is investigating the Board of Directors of
Cobra Electronics Corp. (NASDAQ:COBR) for possible breaches of fiduciary
duties and other violations of law for failing to adequately shop Cobra
Electronics Corp. to maximize shareholder value before entering into an
agreement to be acquired by Monomoy Capital Partners II, L.P., a private
If you would like to join the action go to http://rosenlegal.com/cases-342.html
or please call Phillip Kim, Esq. or Kevin Chan, Esq. toll-free, at
866-767-3653; or email at firstname.lastname@example.org
or email@example.com. There
is no cost or obligation to you.
Under the terms of the transaction, shareholders will receive $4.30 in
cash for each share of Monomoy Capital Partners II, L.P. common stock
they own. Directors and officers of Cobra Electronics Corp. holding
approximately 2.6% of its outstanding common stock have already agreed
to tender their shares. The investigation relates to whether the
transaction is fair to public shareholders and whether Cobra Electronics
Corp.' Board of Directors breached its fiduciary duties in connection
with the transaction.
If you currently own Cobra Electronics Corp. and wish to obtain
additional information, please visit the website at http://rosenlegal.com/cases-342.html.
You may also contact Phillip Kim, Esq. or Kevin Chan, Esq. of The Rosen
Law Firm toll free at 866-767-3653 or via e-mail at firstname.lastname@example.org
The Rosen Law Firm represents investors throughout the globe,
concentrating its practice in securities class actions and shareholder
Attorney Advertising. Prior results do not guarantee a similar outcome.
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